You can monitor your monthly Forecaster usage. Usage is measured with prediction points. Prediction points are determined by the number of times Forecast actions are run and the number of items.
You have a monthly quota, which is your allowance of points to use. You can view your monthly quota of points in the prediction tracker. To view the prediction tracker, select Forecast actions in the left-side panel, and then select Prediction Tracker.
Each successful forecast run uses prediction points:
- The prediction point consumption is calculated by multiplying the number of items by the number of successful forecast actions run.
- Items are the objects that you forecast. Examples are: SKUs (shirts), SKU-location combinations (shirts per store), or revenue per department.
- Example of monthly prediction point calculation: You forecast the demand for 15 SKUs of shirts sold across 20 stores. You run this forecast with 12 different forecast actions (each action may apply a different algorithm and/or data collection) for planning purposes every Sunday. Since a month could have up to 5 Sundays, this activity uses up to 18,000 points per month.
15 SKUs x 20 stores x 12 forecast actions x 5 sets of runs = 18,000 monthly prediction points
Note: Prediction points only count toward your quota if a forecast action runs successfully. Creating a forecast action doesn't use prediction points. If you run the same forecast action more than once, your prediction points count toward each run.
Forecaster tiers
Forecaster is available in two tiers:
- Standard tier applies to all algorithms.
- Advanced tier provides access to advanced explainability for support algorithms, for example, MVLR.
Your monthly prediction points depend on your tier.
| Tier | Monthly prediction quota |
| Standard | 240,000 |
| Advanced tier 1 | 240,000 |
| Advanced tier 2 | 1,200,000 |
| Advanced tier 3 | 2,400,000 |
| Advanced tier 4 | 4,800,000 |
